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Almost happy. but now 2% sounds almost weaker. i think you ll see closer to 2%. but is it weaker, yes? will the fed cut probably this summer, yes. possibly in june which shows a weakened ineconomy. of course it is. so it s definitely weaker, remember we ve got the fed still when they re done tapering they ve got $3.5 trillion still. so this is the easiest monetary policy in the histhistory of monetary policy and so that s what i think is the adrenaline pump like pulp fiction. let s talk about those tax cuts. because that pushes the economy. a lot of the numbers suggest no, tax cuts to me politically i was against, it helped a lot of our friends. i m a believer that in a little bit more of wealth distribution. to me the economy did not you re much more savvy about the ....
To date, there have been 25 changes to obamacare since november of 2012. for example, delaying the employer mandate, and the president s decision to allow insurers to continue offering plans that were being canceled. reaction to a nonpartisan government report which predicts obamacare will result in 2 million fewer workers in the economy in the next decade. the head of the congressional budget office, douglas alman dofr, telling congress last week, obamacare creates a, quote, disincentive for people to work. steve is live with the news from washington. there s a deep partisan divide over this issue, and it was on display today on the sunday talk shows. democrats say the affordable care act provides a new measure of freedom for american workers, while republicans say it s a terrible blow to an already struggling economy. the gop view is people are encouraged to leave their jobs and because of that, ineconomy suffers. we ve got in our country right now a 35-year low in terms ....
Kansas city, saturday 93 and on sunday 86. but our friend in dallas, chris, they ll continue their streak well into next week of 100 degree heat. wow, okay, bill, thanks very much. we ve been talking about ineconomy all week, so many numbers have come out and most of them not good and new numbers out today showing that most americans are still tightening their belts, a move that will dolittle to lift the slowing economy. the consumer sentiment index inched up slightly but the survey finds the consumer outlook remains bleak. in another snapshot of the consum consumer, retail sales climbed a modest 0.4% last month, but half of those gains from auto sales. as for inflation, it s holding steady with the consumer price index rising. these numbers coincide with youth, unemployment has hit a record high. 81 million people globally. and that s raising concerns about a so-called lost generation. cnbc trish regan joins me now. ....
Times square of the new york city police department bomb squad is on scene for the first time rudy giuliani kicked out the hookers and drug dealers, times square felt dangerous this week. the jack bower references of flying after law enforcement agencies beat the clock to find a man who left a car bomb in the heart of new york city. the dramatic arrest in the times square bombing attempt. the phatfinder leads them to jfk airport. aboard an emirates airline flight about to take off. the pakistani-born american citizen faisal shahzad. we know chuck bower can do it in 24 minutes. real world, 53 is a pretty good number. admittedly, faisal shahzad did give the cops a little help by being a complete dumb [ bleep ]. looked amateurish, i think is a nice way to phrase it. this was an ineconomy bomber. ....